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20121201
20121231
Search Results 0 to 5 of about 6 (some duplicates have been removed)
PBS
Dec 20, 2012 4:00pm PST
. that is how long u.s. lawmakers have to reach a deal or go over the fiscal cliff. for weeks, the combination of tax increases and spending cuts has been the ultimate political football in washington. there is little sign of any holiday good cheer. >> in washington, the fiscal cliff a stalemate remains. >> the latest on the fiscal cliff. >> the ugly phrase that is on everyone's lips, fiscal cliff, is what america could tumble off and 11 days. it means that if the president and congress cannot agree on a plan to sort out finances, there will be automatic savage cuts and brittle tax rises. neither side is budging much. >> it is very hard for them to say yes to me. at some point, they have got to take me out of it and think about their voters. >> four weeks, the white house said that if i move on rates, they would make substantial concessions on spending cuts and entitlement reform. i did my part. they have done nothing. >> it would mean automatic spending cuts worth more than a trillion dollars. taxes for the average household would go up by about three and a half thousand dollars. most economi
PBS
Dec 19, 2012 4:00pm PST
. the u.s. is hardly alone -- u.b.s. is hardly alone in having to pay. >> caught trying to manipulate important interest rates and punished with 940 million pounds of fines and confiscation of ill-gotten gains. >> this is some of the most shocking behavior we have seen to date. this was prevalent across the firm for five years when people were seeking to manipulate an internationally used benchmark used for millions and trillions of pounds of contracts in order to benefit their own trading position. >> u.b.s. traders colluded with other firms in market rigging. one u.b.s. a banker said to a broker, let me do one humongous deal. i will pay $100,000, whatever you want. i am a man of my word. the bank has been punished by switzerland, the u.k., and the u.s. >> make no mistake. for u.b.s. traders, the manipulation of libor is about getting rich. as one broker told a derivatives trader, you are getting bloody good at this game. think of me when you are on your yacht in monaco, won't you? >> it is a 1 billion pound fine too much or too little or about right? >> it is not about the fine. wha
PBS
Dec 27, 2012 4:00pm PST
to burst in shanghai. our top story, the leader of the democratic majority in the u.s. senate says politicians are running out of time to avoid the budget crisis known as the fiscal cliff. every reed said democrats and republicans had to stop squabbling to have any chance at which an agreement by december 31st and higher taxes and spending cuts will automatically take effect. president obama has cut short his holiday to revive the talks. >> if we go over this cliff, the house of representative with four days left are not here with the speaker having told him that he will have 458 hours' notice. i cannot imagine their conscience out there wherever they are around the country and we are trying to get something done. >> why is the american economy teetering on the edge of the cliffs? these are some of the things that president obama is trying to prevent with the return to the lighthouse. an employment has fallen to a four year low and currently stands at 7.7%. no deal could mean 2.1 million jobs disappearing parent to it would equate to a contraction of 1.5% in the value of all goods
PBS
Dec 18, 2012 4:00pm PST
the market out of respect. but more important, it is part of a chain of around 200 jobs throughout the u.s. they all stopped selling the modern sporting rifles, as they're called. changes the law might be more difficult. >> there is no chance of a ban on handguns. the supreme court has ruled plans to outlaw them in chicago and washington d.c. are unconstitutional. the most likely move would be to ban military-style assault rifles, magazines holding numerous bullet. the president has backed such a bill. >> while he supports strongly an assault weapons ban and other measures, he wants to expand the conversation beyond those specific areas of legislation. >> i'm joe manchin -- >> the group of the gun hand -- of the gun ban will be loosened a little. even west virginia senator joe manchin, whose campaign had focused on gun rights, has changed his mind. he is not alone kerpen >> when my daughters ask me on friday night, dad, you are in the senate, why can't we put reasonable restrictions on assault weapons or rapid-fire ammunition clips, i did not have a good answer for them. enough is enough.
PBS
Dec 28, 2012 4:00pm PST
. they have been doing well worldwide, particularly in the u.k. and the u.s. from the york, we have this report. >> a trend, old people in the movies. next month, a movie set at a retirement home story musicians and several british actors. tommy lee jones succeeded this year in "i hope springs" been called a midlife romantic comedy. and then there was the marigold hotel, the story of a british retiree at a hotel in india that has been very profitable, costing $10 million to make, taking in $140 million around the world. the film cast is unusual because of many of its older characters. >> they are taking charge. >> the new wave of films is being welcomed. and everything is geared towards the youth, and to see people my age makes me feel good on film, like we are not forgotten. >> liam neeson is flourishing as an action star at the age of 60, maintaining that older people have been underserved by hollywood. >> they're making movies for 15- year-old up to 25-year-olds. >> studios maintain that older people figure into their calculations. >> older audiences are avid moviegoers, they gre
Search Results 0 to 5 of about 6 (some duplicates have been removed)